By Helgi Library - April 2, 2020
SAP Czech Republic's total assets reached CZK 862 mil at the end of 2016, up 17.1% compared to the previous year. ...
By Helgi Library - April 2, 2020
SAP Czech Republic's total assets reached CZK 862 mil at the end of 2016, up 17.1% compared to the previous year. ...
| Profit Statement | 2014 | 2015 | 2016 | |
| Sales | CZK mil | 2,135 | 2,084 | 2,352 |
| Gross Profit | CZK mil | 800 | 770 | 907 |
| EBITDA | CZK mil | 158 | 118 | 194 |
| EBIT | CZK mil | 127 | 92.7 | 173 |
| Financing Cost | CZK mil | -2.17 | 6.54 | 0.768 |
| Pre-Tax Profit | CZK mil | 129 | 86.2 | 172 |
| Net Profit | CZK mil | 101 | 66.0 | 135 |
| Dividends | CZK mil | 120 | 75.0 | ... |
| Balance Sheet | 2014 | 2015 | 2016 | |
| Total Assets | CZK mil | 803 | 736 | 862 |
| Non-Current Assets | CZK mil | 61.2 | 38.9 | 37.4 |
| Current Assets | CZK mil | 729 | 689 | 820 |
| Working Capital | CZK mil | 57.3 | 95.7 | 371 |
| Shareholders' Equity | CZK mil | 346 | 292 | 363 |
| Liabilities | CZK mil | 355 | 310 | 364 |
| Total Debt | CZK mil | 2.45 | 0.778 | 0.729 |
| Net Debt | CZK mil | -226 | -153 | -265 |
| Ratios | 2014 | 2015 | 2016 | |
| ROE | % | 27.9 | 20.6 | 41.3 |
| ROCE | % | 77.2 | 52.1 | 49.8 |
| Gross Margin | % | 37.5 | 36.9 | 38.6 |
| EBITDA Margin | % | 7.38 | 5.68 | 8.25 |
| EBIT Margin | % | 5.96 | 4.45 | 7.37 |
| Net Margin | % | 4.72 | 3.16 | 5.75 |
| Net Debt/EBITDA | -1.43 | -1.29 | -1.37 | |
| Net Debt/Equity | % | -65.1 | -52.3 | -73.1 |
| Cost of Financing | % | -127 | 406 | 102 |
| Cash Flow | 2014 | 2015 | 2016 | |
| Total Cash From Operations | CZK mil | ... | 51.2 | 206 |
| Total Cash From Investing | CZK mil | ... | -4.00 | -18.1 |
| Total Cash From Financing | CZK mil | ... | -122 | -75.0 |
| Net Change In Cash | CZK mil | ... | -74.5 | 113 |
| Cash Conversion Cycle | days | -5.88 | 7.58 | 40.1 |
| Cash Earnings | CZK mil | 131 | 91.5 | 156 |
| Free Cash Flow | CZK mil | ... | 47.2 | 188 |
Get all company financials in excel:
| summary | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | |||||||||||||||
| Sales | CZK mil | 2,068 | 2,116 | 1,986 | 2,000 | 2,135 | |||||||||
| Gross Profit | CZK mil | 745 | 879 | 778 | 772 | 800 | |||||||||
| EBIT | CZK mil | 231 | 311 | 180 | 149 | 127 | |||||||||
| Net Profit | CZK mil | 187 | 247 | 145 | 127 | 101 | |||||||||
| ROE | % | 23.3 | 35.6 | 17.6 | 20.0 | 27.9 | |||||||||
| EBIT Margin | % | 11.2 | 14.7 | 9.08 | 7.45 | 5.96 | |||||||||
| Net Margin | % | 9.04 | 11.7 | 7.29 | 6.37 | 4.72 | |||||||||
| Employees | 224 | 249 | 248 | 252 | 261 | ||||||||||
| balance sheet | |||||||||||||||
| Total Assets | CZK mil | 1,148 | 1,236 | 900 | 756 | 803 | |||||||||
| Non-Current Assets | CZK mil | 53.0 | 66.8 | 67.5 | 80.0 | 61.2 | |||||||||
| Current Assets | CZK mil | 1,083 | 1,162 | 827 | 660 | 729 | |||||||||
| Shareholders' Equity | CZK mil | 646 | 743 | 900 | 376 | 346 | |||||||||
| Liabilities | CZK mil | 372 | 428 | 312 | 303 | 355 | |||||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Current Liabilities | CZK mil | 372 | 428 | 312 | 303 | 355 | |||||||||
| Net Debt/EBITDA | -1.57 | -0.612 | -1.27 | -1.33 | -1.43 | ||||||||||
| Net Debt/Equity | % | -61.6 | -27.6 | -28.9 | -62.4 | -65.1 | |||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -101 | -1,074 | -127 | ||
| cash flow | |||||||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| income statement | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | |||||||||||||||
| Sales | CZK mil | 2,068 | 2,116 | 1,986 | 2,000 | 2,135 | |||||||||
| Cost of Goods & Services | CZK mil | 1,324 | 1,237 | 1,208 | 1,229 | 1,335 | |||||||||
| Gross Profit | CZK mil | 745 | 879 | 778 | 772 | 800 | |||||||||
| Staff Cost | CZK mil | 499 | 541 | 539 | 594 | 634 | |||||||||
| Other Cost | CZK mil | -8.13 | 2.98 | 34.1 | 1.44 | 8.46 | |||||||||
| EBITDA | CZK mil | 254 | 335 | 205 | 177 | 158 | |||||||||
| Depreciation | CZK mil | 22.7 | 23.7 | 24.2 | 27.5 | 30.4 | |||||||||
| EBIT | CZK mil | 231 | 311 | 180 | 149 | 127 | |||||||||
| Financing Cost | CZK mil | -0.397 | 0.254 | -0.734 | -13.1 | -2.17 | |||||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | CZK mil | 231 | 311 | 181 | 162 | 129 | |||||||||
| Tax | CZK mil | 44.5 | 63.7 | 36.3 | 34.7 | 28.6 | |||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Net Profit | CZK mil | 187 | 247 | 145 | 127 | 101 | |||||||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | ... | 120 | ... | ||||||
| growth rates | |||||||||||||||
| Total Revenue Growth | % | ... | -17.3 | 2.28 | -6.13 | 0.726 | 6.75 | ||||||||
| Operating Cost Growth | % | ... | 3.36 | 10.7 | 5.41 | 3.87 | 7.93 | ||||||||
| EBITDA Growth | % | ... | -44.2 | 32.0 | -38.9 | -13.7 | -10.7 | ||||||||
| EBIT Growth | % | ... | -46.5 | 34.7 | -42.0 | -17.4 | -14.7 | ||||||||
| Pre-Tax Profit Growth | % | ... | -47.8 | 34.4 | -41.8 | -10.5 | -20.2 | ||||||||
| Net Profit Growth | % | ... | -46.6 | 32.3 | -41.5 | -12.0 | -20.9 | ||||||||
| ratios | |||||||||||||||
| ROE | % | 23.3 | 35.6 | 17.6 | 20.0 | 27.9 | |||||||||
| ROCE | % | 67.3 | 147 | 110 | 91.9 | 77.2 | |||||||||
| Gross Margin | % | 36.0 | 41.5 | 39.2 | 38.6 | 37.5 | |||||||||
| EBITDA Margin | % | 12.3 | 15.8 | 10.3 | 8.83 | 7.38 | |||||||||
| EBIT Margin | % | 11.2 | 14.7 | 9.08 | 7.45 | 5.96 | |||||||||
| Net Margin | % | 9.04 | 11.7 | 7.29 | 6.37 | 4.72 | |||||||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | 119 | ... | ||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -101 | -1,074 | -127 | ||
| Net Debt/EBITDA | -1.57 | -0.612 | -1.27 | -1.33 | -1.43 |
| balance sheet | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| balance sheet | |||||||||||||||
| Non-Current Assets | CZK mil | 53.0 | 66.8 | 67.5 | 80.0 | 61.2 | |||||||||
| Property, Plant & Equipment | CZK mil | 53.0 | 66.8 | 67.5 | 80.0 | 61.2 | |||||||||
| Intangible Assets | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Current Assets | CZK mil | 1,083 | 1,162 | 827 | 660 | 729 | |||||||||
| Inventories | CZK mil | 25.2 | 52.9 | 18.7 | 12.0 | 39.2 | |||||||||
| Receivables | CZK mil | 340 | 233 | 210 | 210 | 210 | |||||||||
| Cash & Cash Equivalents | CZK mil | 398 | 205 | 261 | 235 | 228 | |||||||||
| Total Assets | CZK mil | 1,148 | 1,236 | 900 | 756 | 803 | |||||||||
| Shareholders' Equity | CZK mil | 646 | 743 | 900 | 376 | 346 | |||||||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Liabilities | CZK mil | 372 | 428 | 312 | 303 | 355 | |||||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Deferred Tax Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Current Liabilities | CZK mil | 372 | 428 | 312 | 303 | 355 | |||||||||
| Short-Term Debt | CZK mil | 0 | 0 | 1.45 | 0.980 | 2.45 | |||||||||
| Trade Payables | CZK mil | 211 | 224 | 161 | 160 | 192 | |||||||||
| Provisions | CZK mil | 0 | 0 | 29.8 | 25.9 | 19.9 | |||||||||
| Equity And Liabilities | CZK mil | 1,148 | 1,236 | 900 | 756 | 803 | |||||||||
| growth rates | |||||||||||||||
| Total Asset Growth | % | ... | -25.4 | 7.73 | -27.2 | -16.1 | 6.22 | ||||||||
| Shareholders' Equity Growth | % | ... | -32.6 | 15.1 | 21.1 | -58.3 | -7.77 | ||||||||
| Net Debt Growth | % | ... | 93.1 | -48.5 | 26.7 | -9.76 | -3.76 | ||||||||
| Total Debt Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -32.5 | 150 | ||
| ratios | |||||||||||||||
| Total Debt | CZK mil | 0 | 0 | 1.45 | 0.980 | 2.45 | |||||||||
| Net Debt | CZK mil | -398 | -205 | -260 | -234 | -226 | |||||||||
| Working Capital | CZK mil | 154 | 61.8 | 67.3 | 62.6 | 57.3 | |||||||||
| Capital Employed | CZK mil | 207 | 129 | 135 | 143 | 118 | |||||||||
| Net Debt/Equity | % | -61.6 | -27.6 | -28.9 | -62.4 | -65.1 | |||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -101 | -1,074 | -127 |
| cash flow | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| cash flow | |||||||||||||||
| Net Profit | CZK mil | 187 | 247 | 145 | 127 | 101 | |||||||||
| Depreciation | CZK mil | 22.7 | 23.7 | 24.2 | 27.5 | 30.4 | |||||||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Other Investments | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| ratios | |||||||||||||||
| Days Sales Outstanding | days | 60.0 | 40.2 | 38.5 | 38.4 | 35.9 | |||||||||
| Days Sales Of Inventory | days | 6.95 | 15.6 | 5.66 | 3.56 | 10.7 | |||||||||
| Days Payable Outstanding | days | 58.2 | 66.1 | 48.6 | 47.4 | 52.5 | |||||||||
| Cash Conversion Cycle | days | 8.73 | -10.3 | -4.46 | -5.50 | -5.88 | |||||||||
| Cash Earnings | CZK mil | 210 | 271 | 169 | 155 | 131 | |||||||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| other data | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| other data | |||||||||||||||
| ROA | % | 13.9 | 20.8 | 13.6 | 15.4 | 12.9 | |||||||||
| Gross Margin | % | 36.0 | 41.5 | 39.2 | 38.6 | 37.5 | |||||||||
| Cost Per Employee | USD per month | 9,714 | 10,230 | 9,258 | 10,035 | 9,470 | |||||||||
| Cost Per Employee (Local Currency) | CZK per month | 185,644 | 180,922 | 181,078 | 196,330 | 202,395 | |||||||||
| Staff Cost (As % Of Total Cost) | % | 27.2 | 30.0 | 29.8 | 32.1 | 31.6 | |||||||||
| Effective Tax Rate | % | 19.2 | 20.5 | 20.0 | 21.4 | 22.1 | |||||||||
| Revenues From Abroad | CZK mil | 369 | 433 | 452 | 470 | 518 | |||||||||
| Revenues From Abroad (As % Of Total) | % | 17.8 | 20.5 | 22.8 | 23.5 | 24.2 | |||||||||
| Sales Of Software | CZK mil | 1,002 | 1,202 | 1,081 | 1,147 | 1,304 | |||||||||
| Sales From Implementation of Software | CZK mil | 676 | 424 | 463 | 369 | 264 | |||||||||
| Sales To SAP | CZK mil | 369 | 433 | 452 | 470 | 518 | |||||||||
| Sales From Trainings | CZK mil | 41.4 | 29.1 | 24.1 | 21.2 | 22.0 | |||||||||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
SAP Czech Republic is a Czech Republic-based subsidiary of Germany's SAP SE. The Company offers application software to around 25 industries in six industry sectors and 12 business lines, including consumer, discrete manufacturing, energy and natural resources, financial services, public services and other services. At the end of 2014, the Company had more than 282,000 customers in over 180 countries. SAP is a provider of application and analytics software for enterprises in mobile enterprise management. It offers solutions-based on its SAP HANA platform, which combines database, data processing, and application platform capabilities in-memory. It also provides capabilities, such as predictive text analytics, spatial processing and data virtualization. The Company is headquartered in Walldorf, Baden-Württemberg, with regional offices in 130 countries
SAP Czech Republic has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 10.4% a year during that time to total of CZK 194 mil in 2016, or 8.25% of sales. That’s compared to 8.09% average margin seen in last five years.
The company netted CZK 135 mil in 2016 implying ROE of 41.3% and ROCE of 49.8%. Again, the average figures were 25.5% and 76.2%, respectively when looking at the previous 5 years.
SAP Czech Republic’s net debt amounted to CZK -265 mil at the end of 2016, or -73.1% of equity. When compared to EBITDA, net debt was -1.37x, down when compared to average of -1.34x seen in the last 5 years.
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